DUBLIN, April 05, 2024 (GLOBE NEWSWIRE) — “Saudi Arabia Social Commerce Market Intelligence and Future Growth Dynamics Databook – Social Commerce Trends, Operational KPIs, Retail Product Dynamics, and Consumption by End-Use Sector Added “Q1 2024 Update'' report – 50+ KPIs on customer demographics ResearchAndMarkets.com Recruitment.
Saudi Arabia's social commerce industry is expected to grow by 30.6% on an annual basis, reaching USD 1.71 billion in 2024. The social commerce industry is expected to grow steadily during the forecast period, registering a CAGR of 24.6% during 2024-2029. The country's social commerce GMV is expected to reach USD 5.14 billion by 2029, up from USD 1.31 billion in 2023.
This report provides a detailed data-centric analysis of the Social Commerce industry, covering market opportunities and risks. This report includes over 50 KPIs at the country level to provide a comprehensive understanding of Social Commerce market dynamics, market size and forecast, and market share statistics.
Research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to provide a detailed view of opportunities in emerging business and investment markets.
Reasy to purchase
- Deep understanding of Social Commerce market dynamics: Understand market opportunities and key trends with forecasts (2020-2029).
- Insights into opportunities by end-use sectors – Get market dynamics by end-use sectors and assess emerging opportunities across various end-use sectors.
- Develop a market-specific strategy: Identify growth segments and target specific opportunities to develop a social commerce strategy. Assess key market-specific trends, drivers, and industry risks.
Key attributes:
| report attributes | detail |
| number of pages | 70 |
| Forecast period | 2024-2029 |
| Estimated market value in 2024 (USD) | $1.7 billion |
| Projected market value to 2029 (USD) | $5.1 billion |
| compound annual growth rate | 24.6% |
| Target area | Saudi Arabia |
range
Saudi Arabia’s leading social commerce company
- Tagel
- four deal
Saudi Arabia Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2020-2029
Saudi Arabia Social Commerce Industry Market Size and Forecast by Retail Product Category, 2020-2029
- clothing and footwear
- beauty and personal care
- food and groceries
- Home appliances/electronic equipment
- home repair
- trip
- hospitality
Saudi Arabia Social Commerce Industry Market Size and Forecast by End-Use Consumer Segment, 2020-2029
Saudi Arabia Social Commerce Industry Market Size and Forecast by End Use Device, 2020-2029
Saudi Arabia Social Commerce Industry Market Size and Forecast by Location, 2020-2029
Saudi Arabia Social Commerce Industry Market Size and Forecast by Location, 2020-2029
- first class city
- 2nd class city
- 3rd class city
Saudi Arabia social commerce industry market size and forecast by payment method, 2020-2029
- credit card
- debit card
- Bank transfer
- prepaid card
- Digital & Mobile Wallet
- Other digital payments
- cash
Saudi Arabia’s social commerce industry market size and forecast by platform
- video commerce
- Social network-driven commerce
- social resale
- group purchase
- product review platform
Saudi Arabia social commerce industry market size and forecast by consumer demographics and behavior, 2023
- By age
- By income level
- By gender
For more information on this report, please visit https://www.researchandmarkets.com/r/y4zhk0.
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Saudi Arabia social commerce market
